Asset Auto India Private Limited

Trading and servicing of motor vehicles, parts, and accessories since 2002 in Mumbai.

2002 | Mumbai, Maharashtra (India) | Active
Last Updated: June 15, 2024

Asset Auto India Profile

Key Indicators

  • Authorised Capital ₹ 1.50 Cr
  • Paid Up Capital ₹ 1.01 Cr
  • Company Age 22 Year, 11 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 2.00 M
  • Satisfied Charges ₹ 82.82 Cr
  • Revenue Growth -82.36%
  • Profit Growth -1936.48%
  • Ebitda 45.02%
  • Net Worth -4.77%
  • Total Assets -4.92%

About Asset Auto India

Asset Auto India Private Limited (AAIPL) is a Private Limited Indian Non-Government Company incorporated in India on 05 February 2002 and has a history of 22 years and 11 months. Its registered office is in Mumbai, Maharashtra, India.

The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 1.50 Cr and a paid-up capital of Rs 1.01 Cr.

The company currently has active open charges totaling ₹2.00 M. The company has closed loans amounting to ₹82.82 Cr, as per Ministry of Corporate Affairs (MCA) records.

Parvindersingh Vijan and Inderjee Vijan serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website

    -

  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    U51909MH2002PTC237036

  • Company No.

    237036

  • Company Classification

    Private Limited Indian Non-Government Company

  • Incorporation Date

    05 Feb 2002

  • Date of AGM

    30 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Unlisted

  • ROC Code

    Roc Mumbai

Industry

Automotive

Who are the key members and board of directors at Asset Auto India?

Executive Team (1)

Name Designation Appointment Date Status
Parvindersingh Vijan Country flag representing In Managing Director 05-Feb-2002 Current

Board Members (1)

Name Designation Appointment Date Status
Inderjee Vijan Country flag representing In Director 05-Feb-2002 Current

Financial Performance of Asset Auto India.

Asset Auto India Private Limited, for the financial year ended 2023, experienced significant reduction in revenue, with a 82.36% decrease. The company also saw a substantial fall in profitability, with a 1936.48% decrease in profit. The company's net worth dipped by a decrease of 4.77%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-82.36%
Revenue from Operations
Total Assets
-4.92%
Profit or Loss
-1936.48%
Net Worth
-4.77%
EBITDA
45.02%

What is the Ownership and Shareholding Structure of Asset Auto India?

In 2023, Asset Auto India had a promoter holding of 100.00%. The company had 5 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0.20 Cr

Satisfied Charges

₹82.82 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 0.20 Cr

Latest Charge Details

Date Lender Amount Status
03 Feb 2007 Hdfc Bank Limited ₹2.00 M Open
22 Dec 2015 Jalgaon Janata Sahakari Bank Ltd. ₹6.50 M Satisfied
19 Dec 2015 Jalgaon Janata Sahakari Bank Ltd. ₹2.00 M Satisfied
19 Jun 2012 Volkswagen Finance Private Limited ₹12.00 Cr Satisfied
07 Mar 2012 Punjab National Bank ₹3.00 Cr Satisfied

How Many Employees Work at Asset Auto India?

Unlock and access historical data on people associated with Asset Auto India, such as employment history, contributions to the Employees' Provident Fund Organization (EPFO), and related information.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Asset Auto India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Asset Auto India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Asset Auto India

Recent activity within the organization

  • Annual General Meeting

    Asset Auto India Private Limited last Annual general meeting of members was held on 30 Sep 2023 as per latest MCA records.

    30 Sep 2023

  • Balance Sheet

    Asset Auto India Private Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 19 Dec 2015 via Charge ID 10613427 with Jalgaon Janata Sahakari Bank Ltd. was fully satisfied on 05 Jan 2021.

    05 Jan 2021

  • Charges

    A charge registered on 22 Dec 2015 via Charge ID 10613430 with Jalgaon Janata Sahakari Bank Ltd. was fully satisfied on 06 Nov 2018.

    06 Nov 2018

  • Charges

    A charge registered on 19 Jun 2012 via Charge ID 10380925 with Volkswagen Finance Private Limited was fully satisfied on 10 Nov 2016.

    10 Nov 2016

  • Charges

    A charge with Jalgaon Janata Sahakari Bank Ltd. amounted to Rs. 0.65 Cr with Charge ID 10613430 was registered on 22 Dec 2015.

    22 Dec 2015

Frequently asked questions

  • Asset Auto India Private Limited was incorporated on 05 Feb 2002.

  • The authorized share capital of Asset Auto India Private Limited is ₹ 1.50 Cr and paid-up capital is ₹ 1.01 Cr.

  • Currently 2 directors are associated with Asset Auto India Private Limited.

    • Parvindersingh Jasbirsingh Vijan
    • Inderjee Kaur Jasbirsingh Vijan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Asset Auto India Private Limited is Bunglow No 3 Union Park Plot No 14 Nr Ashok Kumar Compl Chembur, Mumbai, Maharashtra, India, 400071.

  • The corporate identification number (CIN) of Asset Auto India Private Limited is U51909MH2002PTC237036 and the company number is 237036 as per Ministry of Corporate Affairs (MCA).

  • According to the financial reports for the fiscal year 2023, the revenue trend for Asset Auto India Private Limited has fallen by -82.36%.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Asset Auto India Private Limited has experienced an downturn of -4.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Asset Auto India Private Limited amount to ₹ 2.00 M.

  • The most recent Balance Sheet for Asset Auto India Private Limited was filed with the ROC on 31 Mar 2023.